Belgian Congo 1887 2 francs

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from the Stack's Bowers 2017 ANA sale, lot 22058
Bel Congo SB817-22058r.jpg

This specimen was lot 22058 in Stack's Bowers ANA Auction (Denver, CO, August 2017), where it sold for $493.50. The catalog description[1] noted, "BELGIAN CONGO. 2 Francs, 1887. NGC MS-65. Sharply struck with attractive tone and soft satin luster." This type was also struck 1891, 1894, 1896 but none are common.

The history of the Congo has long been unhappy. The region was claimed by Leopold III of Belgium in the 1880's as his private domain, ostensibly to end the slave trade which had long afflicted the area. Instead, he instituted a reign of terror as natives were massacred if they failed to yield their assigned quota of rubber and ivory. Finally, after a world outcry, the government of Belgium annexed the area in 1908 and ended the most abusive practices. Still, few wept when the colonizers withdrew in 1960. Violence and exploitation continue to this day, fulfilling white racists' worst stereotypes about "darkest Africa."

Recorded mintage: 15,000 plus proofs (lowest mintage date).

Specification: 10 g, 0.835 fine silver.

Catalog reference: KM-7; Eeckhout-NBCO-A10.

Source:

  • Michael, Thomas, and Tracy L. Schmidt, Standard Catalog of World Coins, 1801-1900, 9th ed., Iola, WI: Krause Publications, 2019.
  • [1]Ponterio, Richard, Kyle Ponterio and Chris Chatigny, The August 2017 Denver ANA Auction: Ancients, Selections from The Richard Stuart Collection & World Coins, Santa Ana, CA: Stack's Bowers LLC, 2017.

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